EKI Energy Services Limited is a multi-bagger stock that has given huge returns in the last two years. The company operates in the renewable energy sector and specializes in the development, installation and operation of solar and wind power projects.
It has a focus on research and development, strategic partnerships and operational excellence. But, if we look at its financial results, the company registered a revenue of Rs 413.62 crore, a year-on-year decline of 39.87↓ per cent.
Similarly, the net income of this company is Rs 39.9 crore, which shows a year-on-year decline of 75.25 per cent. Nevertheless, the company has given huge returns to its investor in just two years.
In 2021, the share price was Rs 49.23, now it is trading at Rs 482.80 (+442.29) as on June 2023, showing a gain of 1091.80↑ per cent. So, if you had invested Rs 1,00,000.00 it would have grown to Rs 10,91,000.00 in two years.
We are here to predict the Share Price of EKI Energy Services Limited for the years 2024, 2025, 2026, 2028 and 2030. So, let’s check out the details about the company, like what the company does and its fundamentals.
EKI Energy Services Ltd- Overview
EKI Energy Services Limited is an energy solutions company in India. The company provide services in the renewable energy sector around the world.
Apart from solar energy, EKI Energy has a wide range of products and services such as engineering, procurement, construction, maintenance of solar projects etc.
With 14+ years of global experience in climate change and advisory services, the company empowers better corporate governance and compliance management.
Fundamentals: EKI Energy Services Ltd
EKI Energy share price target: 2024-2025
Market experts say that this is a good stock for the long term and good returns are expected in future. Experts suggest that the share price of EKI Energy will increase in the next six months and may range from Rs 515.30 to Rs 550.10 by the end of 2023.
2024
In 2024, EKI Energy’s share price will be driven by the demand for clean energy solutions. EKI Energy’s share price is expected to rise and the target price for end-2024 is Rs 540.50 to Rs 580.60.
2025
By 2025, EKI Energy will expand its presence and its strategic partnerships are expected to yield positive results. So based on our research, the target price for EKI Energy shares is Rs 575.50 to Rs 610.70 by 2025.
2026
EKI Energy’s expanding project portfolio, coupled with its operational efficiency, is likely to contribute to growth in the share price. Based on these factors and our research, the target price for EKI Energy shares is Rs 615.20 to Rs 645.80 at the end of 2026.
2028
The company’s continued expansion both domestically and internationally will result in increased revenue streams and profitability. Furthermore, the renewable energy industry is likely to increase the high demand in future. So, based on our experience and technical analysis, the target price for EKI Energy shares is Rs 650.80 to Rs 685,20 by 2028.
2030
By 2030, EKI Energy is projected to be at the forefront of the global renewable energy revolution. So, based on the above factors and technical analysis, the target price for EKI Energy shares is Rs 690.20 to Rs 750.50 by 2030.
FAQs
It is a good stock and has given huge returns to investors. It will continue to grow in the future as well.
The expected target price for EKI Energy shares is Rs 575.50 to Rs 610.70 by 2025.
The market cap of EKI Energy is Rs 1.357 crore.
The highest target price for EKI Energy shares is Rs 690.20 to Rs 750.50 by 2030.
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Conclusion
EKI Energy’s share price target for the years 2024 to 2030 shows positive growth. As the focus on clean energy grows, EKI Energy’s innovative solutions, strategic partnerships and strong market presence are expected to aid its success.
(Disclaimer: MPS Infotechnics Ltd’s share price information is based on its results over the years and is not investment advice. Investing in the stock market is subject to risk and you should consult your financial advisor before investing.)
